Tuesday, September 28, 2010

Hindustan Copper files DRHP for FPO - moneycontrol.com

Hindustan Copper has filed its DRHP with SEBI for its follow-on offering of 18.39 crore shares of Rs 5 each on Monday, the

company said in a press release. The issue will include an offer for sale of 9.2 crore shares by the Government of India

acting through the Ministry of MineHindustan Copper has filed its DRHP with SEBI for its follow-on offering of 18.39 crore shares of Rs 5 each on Monday, the company said in a press release. The issue will include an offer for sale of 9.2 crore shares by the Government of India acting through the Ministry of Mines.

The issue, which will be through a book building process, will constitute 18.08% of the post-issue paid-up equity capital of the company. Up to 50% of the issue will be allocated qualified institutional buyers, not less than 15% to non-institutional bidders and 35% to retail bidders. Discount of up to 5% is being offered to the retail investors and eligible employees.

ICICI Securities, Enam Securities, Kotak Mahindra Capital, SBI Capital Markets and UBS Securities India are the Book Running Lead Managers to the issue.

Source: Moneycontrol.com
The issue, which will be through a book building process, will constitute 18.08% of the post-issue paid-up equity capital of

the company. Up to 50% of the issue will be allocated qualified institutional buyers, not less than 15% to non-institutional

bidders and 35% to retail bidders. Discount of up to 5% is being offered to the retail investors and eligible employees.

ICICI Securities, Enam Securities, Kotak Mahindra Capital, SBI Capital Markets and UBS Securities India are the Book Running

Lead Managers to the issue.

Source: Moneycontrol.com

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